Monochrome Expands to Southeast Asia with Crypto ETFs
Australian crypto-asset firm Monochrome Group has registered its Bitcoin and Ethereum ETFs with Singapore’s Monetary Authority (MAS), marking a major step in institutional adoption of crypto in Southeast Asia.Regulated Access for Institutional Investors
Monochrome’s Bitcoin ETF (IBTC) and Ethereum ETF (IETH) will be available as restricted schemes, allowing accredited and institutional investors to subscribe with a minimum transaction size of S$200,000. These ETFs support both Bitcoin and cash-based transactions to accommodate diverse investor preferences.Strategic Partnerships and Institutional Demand
Monochrome has partnered with Anadara Capital to strengthen its institutional services while onboarding BitGo Trust Company for custody solutions. CEO Jeff Yew emphasized the goal is not speculation but “building real infrastructure” to provide secure institutional access to Bitcoin.Asia’s Growing Role in Crypto Regulation
Monochrome’s expansion aligns with Asia’s increasing focus on regulatory clarity for digital assets. With macroeconomic instability and geopolitical tensions driving demand for Bitcoin as a hedge, regulated ETFs like IBTC and IETH provide a compliant entry point for investors.
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